Fed Easings and Market Tops
From Jack McHugh comes this observation about the nature of market tops and Fed easings: "There have now been 3 hair-raising...
Catching up with the Fed’s Thinking
The WSJ has what appears to be an "All Fed, All the Time" edition out this morning. A combination of articles does a very good...
Major Central Bank Intervention in the Current Global Liquidity...
Great chart, via Plexus Asset Management: > Its so simple! How can this not work? > Source:Why the Fed’s rate cut did not come as...
FOMC Statement: 50 BP Discount Window Rate Cut
For immediate release: To promote the restoration of orderly conditions in financial markets, the Federal Reserve Board approved...
Open Thread: A Stealth Fed Rate Cut?
Today’s absurdity was this rumor circulating that the Fed was arranging a secret meeting. Than the rumor came that they were going...
Attention Robert Novak: The Fed isn’t at Neutral
Neutral Bias? Apparently so, according to the political pundit Robert Novak, in an otherwise cogent piece titled A Rate Cut on Hold....
Open Thread: Closing the Barn Door on Sub-Prime ARM Mortgages
To be filed under "Better-Late-Than-Never" regulatory actions: The Federal Reserve is considering the following changes in...
Open Thread: Fed Intervention
Here’s a question which I hope the assembled crew can answer (in a civil tone!) How appropriately or inappropriately has the Fed...
Fed Treads Moral Hazard
I am exceedingly late this morn, but I had to direct your attention to the front page article of the Money and Investing section of the...
Helicopter Drop
Amusing cartoon, via Jim Sinclair: What’s so amazing about this is the following: When the inter-bank rate, set by the open...